Showing posts with label Railway Employees Bonus 2012. Show all posts
Showing posts with label Railway Employees Bonus 2012. Show all posts

Productivity Linked Bonus for Railway Employees.

Cabinet Decision

   The Union Cabinet today approved the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 75 days’ wages for the financial year 2008-2009 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).

        The salient features of the PLB scheme evolved as a result of review of the scheme and approval of the Cabinet on 23.09.2000 and applied for making payment for the financial years 1998-99, 1999-2000, 2000-01 and 2001-02 are as under :-

a)       The output for a year is reckoned by the  equated net  tonne kilometres by adding together:-

(i)      Total goods revenue net tonne kilometres.

(ii)     Non-suburban passenger kilometres converted by a factor of 0.076.

(iii)    Suburban passenger kilometres converted by a factor of 0.053.